Would you guys say DCA is the best strategy right now to enter a dip for long term strategy?

like
Posting as :
works at
You are currently posting as works at

My guess is yes since we seem to be heading lower. Just for peace of mind, it may be good to DCA during a downtrend like this.

like

I had enough money at the time to 2x my monthly investment when the s&p was 4200ish now I only have enough for a regular monthly investment and the s&p is ~3800. Tough to guess the bottom and I’d hate to miss out on buying now if this is the bottom just like I’d hate to miss out on investing next week if we go down another 5% or the week after if it goes down another 5% or the week after if it goes down another 5%.

like

Don’t time the market, keep contributing

Related Posts

So I have completely lost interest in my area of practice mainly because I haven’t been exposed to many matters (our team is really slow) and I am the most junior in the team. So billable work is never constant. I feel like this has impacted my interest and stagnated my growth. I am thinking of moving into a different area of practice that I’m interested in. Has anyone ever done this? I’m actually depressed and I really hate being given work now. I have ADHD. Please advise

like

How would you rate your ratios for work, play, and rest?

My life's mostly been 85% work/serious stuff (includes academia), 10% rest, and 5% play.

I've only started to learn to rest more this year and learning to accept lower productivity (was part of the hustle culture).

Q: How do I learn the concept of play? Didn't have that in my childhood growing up. All serious, no fun. Has anyone transitioned successfully?

I feel like a boring, old lady 😔😒

What is your definition of play?

likeuplifting
helpful

I've worked as a maid for a long time but am tired of driving to everyone's homes, so I'm thinking of trying out a job as a housekeeper in a hotel. Is there anyone out there who has done both jobs and can tell me a bit about the differences? I would appreciate any advice at all.

like

ACCA or CFA for advisory field/ deal/ financial analyst ? Which one is easier ? And if ACCA was chosen will it still help in the above mentioned fields ?

like

Hi, i will be joining a startup soon to work as a product manager. What are some good books/materials/courses I can read in the meantime to prepare myself better for the job?

like

If you were in a position to relocate, would you move to a locale where Baby Boomers are moving/retiring in a disproportionate #, w/the expectation your career success rate would be higher?

like

I just completed my first coaching course and I really enjoyed it. I'd like to ask my company to pay for the rest of the curriculum, so I'm curious how I can 1. bring it up to my supervisor 2. frame the benefits I'm receiving as beneficial to my current role and 3. bypass the guilt of knowing that I am using these skills to ultimately leave my role to become an entrepreneur, though not in the next 1-2 years. This is the first request like this I've ever made, though I know this pretty common.

like

Hello fishes,

My wife have 2 years of experience working in back officea and she is persuing career in SAP Basis, but we both are not sure about market, can someone give a pointer on what should be the best thing to get job and with good salary along with wlb?

like

Anyone living in San Diego that is a Senior Analyst (role above a grad hire) how much are you making?

Have you stalled your job search or other career progressions because you were planning on having in a baby in the next year? If so, why?

like

I was recently laid of from a entry level digital marketing role that I held for a little over a year. My main job duties included supporting account managers with their paid marketing campaigns. Currently I don't have any product experience but I would like to get a product specialist role as soon as possible. Any advice on how to get a product specialist role without any product background?

like

I’m currently in a junior accounting role working with invoicing and billing management. I don’t have a degree in finance or accounting but the more I learn about finance the more interested and excited I become. Anyone have any insight as to how to grow in my career without additional schooling? (Open to certificate suggestions). Additionally what roles can I strive for given my experience?

In a new position, if you didn't like the culture, how long would you stay at that company?

like

Anyone switch from in-house or agency comms to a managing editor role? A managing editor role looks about the same to everything I do as an in-house comms specialist. Thinking I should start applying for these types of roles...

like

Hi
I'm completing my MBA in a few weeks. I'm CSM certified. I'm seeking advice on my best course of action. I have experience as an Account Manager for 7+ years but I'm seeking a position as a Jnr. Scrum Master

like

Hi All - I am in the last stage of interviewing for Booz Allen. I’m an aspiring consultant transitioning from industry (healthcare). BAH told me the position itself is full time but it is “attached to a contract.” Should I be worried that I would lose the job if and when the contract ends? Would love insight from current or former BAH folks

like

Any advice on how to handle an ECD in charge of your salary who says the only way to get a promotion or even a COL raise of any kind is through winning an award? Not consistently reliable and solid performance. Not keeping the client happy and profitable. “You either win an award, or all ya get is to keep your job.”
And yes, I’m aware leaving is always an option, but eager for any other advice how to navigate.

like

Will PwC sponsor or reimburse certification cost (S4 HANA) ?

like

Hi all, I’m looking to re-enter the workforce. I had to take a career pause @ the beginning of the pandemic because I had a child. I have 5+ years of experience in life science (bench top, pathology in a hospital, startup, and most recently clinical research). I’d like to make a slight pivot into a health informatics, clinical data or data analytics position but I’m also open to non clinical research positions like regulatory/quality assurance etc. Does anyone have any recommendations? TIA

like

More Posts

Does PWC renegotiate based on other offer letters after sending out an initial offer letter?? Also does PWC entertain the request for a joining bonus?
Role offered-Associate
YOE-2. 2yrs
Tech stack-Frontend dev

like

What my buddy and I are drinking now. As always, the WR Double Oaked is amazing!!!
However, the Hudson Baby Bourbon Whiskey is NOT hitting the spot. It leaves a very dry bland taste.

Post Photo
like

Any ladies in LA who would like to connect? I’m 26 and just moved here last July (during the pandemic but it was preplanned so I pretty much needed to go based on job/lease). I love it here but haven’t been able to meet many people. Now that more things are open I would love to meet fam over a drink/lunch/anything else!

like

Prob a fake but trying to confirm. Any help fish fam?

Post Photo
like

I hope this counts. My new green friend 😊🌵

Post Photo
likefunny

Do they have golf courses in Argentina? What are the chances he just says “eff it” and stays down there? Please

like

What is the easiest way to change a project in CTS?
Been in a project for 2 months now. Not much learning. Want to move to a better project.
Suggestions would be greatly appreciated.

like

Is a lateral move from REPE acquisitions (investments) to non-RE IBD feasible? Asking for someone with ~1 YOE and isn’t coming from a MF (good shop but definitely in growth mode, think $2-3 bn in AUM). RE is great but have always been very interested in learning more about corporate transactions. Curious to hear if anyone here has made a similar move before or know someone who did

like

Do most tech/SaaS companies make prospective employees sign NDAs? I'm interviewing for the first time in awhile and am entering into a final round with a company who wants me to sign an NDA prior to the interview. I'm hesitant to do so - especially since I am not sure if I even want to work for this company yet. Is this standard procedure?

like

I’m curious what people are making as BDMs in Automotive. I’m personally in the automotive industry responsible for finding new business opportunities in the semiconductor realm.

like

Anyone know somewhere to easily donate and drop off clothes?

like

Didn’t work at all this weekend. Bad idea. Currently feeling the overwhelming weight of compliance season…

Never justifying not working weekends because “I deserve it” ever again.💀

likefunny

Hi Fishes,

Can we rejoin the TCS in future after accepting the offer in iBegin Portal.
Kindly provide your valuable suggestions.

like

what do other director/senior manager types get on average for bonuses in the federal space, particularly for high performers at larger firms with account leadership roles?

Fellow consultants from the big 4 facing H1B stamping issues in india? Asking for a friend... Advice appreciated

likehelpful

Anyone have experience with MMC (Marina Maher Communications)?

like
like

I just want one day where none of my businesses forgets to loop me in until the 11th hour or realizes we’ve accidentally been violating data privacy laws or gets into a multimillion dollar dispute. Just. One. Day. Is that so much to ask?

likefunny

Additional Posts in Personal Investment Chatter

It’s not much compared to most of the posts I’ve seen in this bowl, but I finally hit $10k NW after I started working FT in August.
Everyone in this bowl has been a tremendous help in this process. I’ve never been good at saving, so this is a big milestone for me. Thank you again to everyone who gives out advice in the bowl, it is truly invaluable. Happy NYE! ❤️

Post Photo
likeupliftingsmart

Has anyone invested in real estate using Lofty AI or PocketProperties? It seems like a good way to dip my toes into real estate - the minimum amount is $10-50 and I would benefit from receiving rent payments proportional to ownership and appreciation in value.

like

I’m considering Schwab roboinvestors to manage my investments actress various index funds aligned with my risk profile. Aside from the large 6% cash requirement, what are other downsides?

How do you calculate what tax bracket you will be at when you retire? Keep reading choose the option based of what tax bracket you will be at retirement but I literally have no clue

like

What do you guys do when you like a mortgage provider but not the specific lender you spoke with? I have a lender that seemed rly immature and a bit rude but I like the company.

helpful

What are some good stocks to buy today?

like

Is it a good time to buy first home condo for 300k chicago downtown now? 45k in HYSA, 31 single. Rest of my money went into gifting home for parents and edu loan.renting for 1700 per month

likehelpful

How do I know what to add to my roth? I have a few indexed funds but haven’t dabbled in stocks. I’m 25 years old so I want to do something riskier. I have $1500 to invest in something today...

like

What personal finance / investing books would you recommend to someone in their late twenties who is starting to have decent amounts of capital to invest?

like

About to close on our first house and wondering if you can pay mortgage using credit cards to get additional point benefits (or a prepaid debit card that is replenished using a credit card). Don’t want to let 30k worth of expenses go without benefits if at all possible. Thanks in advance

like

Does anyone have experience adding authorized user to a fidelity account?

like

If you have a side gig/small company that you run while working as a consultant, how much extra compensation does that bring you in each year, on average?

like

Moving to Dallas soon. Does it make sense to buy a condo or house even if I dont think I'll stay there for more than 3 years? I have family there that can help me if I decide to leave and rent this property. Any thoughts? Just dont want to keep paying someone else mortgage. Also want to take advantage of low interest rates.

like

Any online savings account recommendations?? Want to get a gist of what comps ppl are using. Please and thank you!!

like

What blogs/books/resources should I seek out if I want to make the transition from passive trading (index funds/buy and hold blue chips) to more active trading (options, speculation, spending a few hours a week researching, etc)? I’m looking to turn my investing into more of a side hustle

like

Would you recommend an associate making 90k base in NYC prioritize maxing out their 401k and Roth IRA even if it means they won't save beyond that? Assume debt has been paid off and 3 month emergency fund in savings

like

Hi all — hands off 🐠 here. My personal brokerage is currently 85% in VTSAX and 15% in VBLTX. Any suggestions on other funds to add in the mix? Was thinking some international exposure but not sure

like

Is it wise to hold 80-90% of your money in index funds?

like

Newbie question: why mutual funds over ETFs? I've learnt how each work but curious to learn from experienced investors here why one would pick funds over ETFs

like

Any thoughts on where AMZN will be priced after the Q3 earnings call?

funnylike

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal